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Goodwill | 12 Months Ended
--- | ---
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | NOTE 10 – GOODWILL Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in prior period business combinations. Goodwill was comprised of the following amounts:
|  | As of June 30, |  |  | As of June 30, |
|  | 2016 |  |  | 2015 |
NetSol PK |  | $ | 1,166,610 |  |  | $ | 1,166,610 |
NTE |  |  | 3,471,814 |  |  |  | 3,471,814 |
VLS |  |  | 214,044 |  |  |  | 214,044 |
NTA |  |  | 4,664,100 |  |  |  | 4,664,100 |
Total |  | $ | 9,516,568 |  |  | $ | 9,516,568 |
The Company tests for goodwill impairment at each reporting unit. There was no goodwill impairment for the year ended June 30, 2016.

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